At the beginning of 2020, NBC Communications awarded restricted stock units (RSUs) representing 30 million of its $1 par common shares to key personnel, subject to forfeiture if employment is terminated within 5 years. After the recipients satisfy the vesting requirement, NBC will distribute the shares. The shares had a market price of $6, $8, and $10 per share at the end of 2020, 2021, and 2022, respectively. What is the effect of this award to NBCs shareholders equity in 2022?

	a.	Increases shareholders equity by $48 million.
	b.	Reduces shareholders equity by $60 million.
	c.	Reduces shareholders equity by $48 million.
	d.	Reduces shareholders equity by $36 million.
	e.	Does not change shareholders equity.